The hype for new Apple products is not unlike teenage girls crying while waiting in line to see a cheesy pop artist, and it looks like that enthusiasm is as alive as ever with the upcoming iPad 3.

The iPad 3, which was announced at an Apple event in San Francisco, California by Apple CEO Tim Cook earlier this month, will officially launch on March 16. However, new reports say all pre-order iPad 3 stock has been sold, and that March 19 is the earliest ship date for online orders. According to TG Daily, new orders could even take as long as three weeks to fulfill.

"Customer response to the new iPad has been off the charts and the quantity available for pre-order has been purchased," said Apple in a statement. "Customers can continue to order online and receive an estimated delivery date."

The iPad 3 features a 2048x1536 resolution, 9.7-inch display, the A5X processor with a dual-core CPU and quad-core GPU, a rear-facing 5 MP iSight camera, LTE radio and 16 GB, 32 GB and 64 GB options. There's a Wi-Fi only version and a 4G LTE compatible version that runs on Verizon and AT&T 4G networks.

Customers who want an iPad 3 on launch day will have to make their way to an Apple store or some other brick-and-mortar store that sells iPads.